Weaker inbound tourist flows and an uncertain economic climate reduced consumer confidence. As a result, bags and luggage posted a decline in current value sales for the first time in the review period. More consumers purchased lower-priced bags and ...

Within personal accessories, jewellery saw the biggest decline in current value sales in 2016. This was due to slower flows of arrival, particularly from China, and a slowdown in China’s economy. Mainland China remained the main driver of jewellery ...

Retail value sales continued to decrease in 2016 as personal accessories are perceived as non-essential items; hence, spending was affected by an uncertain economic climate, which had a negative impact on consumer confidence. In addition, a slowdown ...

Watches recorded a third consecutive year of decline in current value sales in 2016. Chinese tourists represent the major purchasers of high mechanical watches in Hong Kong. With the Chinese government clamping down on gift giving, coupled with fewer...

Writing instruments saw a 2% rise in current value sales in 2016 to reach HKD800 million. Compared with the review period CAGR, both volume and current value growth was slower in 2016, as the demand for writing instruments was affected by the rise of...

Hong Kong’s economy expanded by 1.4% year-on-year in current terms for the first three quarters of 2016, a slowing pace of growth from same period of previous year. A low unemployment rate and a stable inflation rate anchored resilient purchasing ...

The continued fall in oil prices made air travel even more affordable in 2015, thus generating rapid volume and value growth for charter, schedule and low cost carriers. Aviation fuel prices appeared to have stabilised at the end of 2015, with low ...

Car rental current value sales grew by just 1% in 2015, while the number of transactions increased by 2% and the number of operators also grew by just 1%. This poor performance can be attributed to the emergence of online car-hailing apps and the ...

Hotels current value sales fell by 19% in 2015 due to a sharp decline in demand for luxury hotels. According to the Tourism Board, inbound mainland China visitor numbers decreased by 3% year-on-year in 2015 while inbound visitors from other countries...

Hong Kong’s economy will slow in 2016. The sluggish Chinese economy, a continuing contraction of exports and a deceleration in private consumption represent challenges. Fixed investment is also falling but this is offset by an increase in government ...

Total consumer credit loans reverted to a moderate increase, in part supported by the recovery in domestic economic activity. Low unemployment and a steady rise in income levels led to a strong pick-up in credit card issuance. Low interest rates and ...

The hectic and intensely busy lifestyles of many consumers in Hong Kong lead them to dine out on a regular basis and lead to a lack of sleep, thus increasing the incidence of oral problems. When this is combined with the stress that many people in ...

The popularity of drugs for specific indications, including specific kinds of pain such as back and spinal pain, keeps growing. The performance of the category remained positive and significant in 2016. Increasingly busy lifestyles resulted in high ...

Air pollution is certainly the most important public health risk in Hong Kong. Even without any pollution data, it can simply be seen that visibility is getting worse. Currently, the number of days deemed dangerous to health using Hong Kong’s Air ...

Growth in dermatologicals slightly increased in current value terms during 2016 in comparison with 2015. Consumers in Hong Kong tend to self-medicate when they are faced with minor skin problems, or at an early stage. This supported the performance ...

The increasingly hectic and stressful lifestyles being led by consumers in Hong Kong continued to drive many to opt for quick meal solutions, with some even eating on-the-go or skipping meals altogether. Inappropriate dietary habits thus raised the ...

Eye care saw significant and positive increases in recent years. Eye allergies are on the rise in Hong Kong, partly due to the deterioration of air quality. The high levels of pollution in Hong Kong cause eye allergy symptoms such as itching, ...

Herbal/traditional products continued to record current value growth in 2016. This was mainly due to the growing health-consciousness of consumers in Hong Kong, which saw many of them become more concerned about their intake of certain products. As a...

NRT smoking cessation aids recorded a positive performance in current value terms during 2016. This was mainly due to the efficacy of the government’s tobacco control approach, which included the promotion of anti-smoking campaigns and smoking ...

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